ANZ are expecting China to widen their GDP target to 6.0-7.0% in 2017

To strike a balance between structural reforms and maintaining economic confidence


ANZ have been saying (for a while now) that stabilisation in China's economy will see authorities there scale back stimulus efforts to focus more on reform and addressing issues caused by growing debt.

And, as they say, to strike the balance between growth and reforms.

I'd add that in widening the target band they'll be setting the scene for walking the target lower.